Teck Resources Ltd is engaged in the business of exploring for, acquiring, developing and producing natural resources. The Company's activities are organized into business units that are focused on steelmaking coal, copper, zinc and energy. It operates in five segments: steelmaking coal, copper, zinc, energy and corporate. The corporate segment includes all of its activities in commodities other than copper, coal, zinc and energy. Through its interests in mining and processing operations in Canada, the United States, Chile and Peru, the Company is a seaborne exporter of steelmaking coal, and producer of copper and mined zinc. It also produces lead, molybdenum, silver, and various specialty and other metals, chemicals and fertilizers. In addition, the Company owns interest in the Fort Hills oil sands project and interests in other assets in the Athabasca region of Alberta. It is engaged in advancing porphyry copper projects in Canada, Chile, Peru, the United States and Turkey.
Industry, Sector and Symbol:
- Sector: Basic Materials
- Industry: Integrated Mining
- Sub-Industry: N/A
- Symbol: NYSE:TECK
- CUSIP: N/A
- Web: www.teck.com
- Market Cap: $11.89484 billion
- Outstanding Shares: 577,650,000
- 50 Day Moving Avg: $17.83
- 200 Day Moving Avg: $20.52
- 52 Week Range: $13.20 - $26.60
Sales & Book Value:
- Trailing P/E Ratio: 10.26
- Foreward P/E Ratio: 9.46
- P/E Growth: 1.86
- Annual Revenue: $8.3 billion
- Price / Sales: 1.47
- Book Value: $24.70 per share
- Price / Book: 0.85
- Annual Dividend: $0.15
- Dividend Yield: 0.7%
- EBIDTA: $3.08 billion
- Net Margins: 14.37%
- Return on Equity: 10.02%
- Return on Assets: 4.99%
- Debt-to-Equity Ratio: 0.37%
- Current Ratio: 1.87%
- Quick Ratio: 1.04%
- Average Volume: 4.76 million shs.
- Beta: 1.22
- Short Ratio: 2.95
Frequently Asked Questions for Teck Resources Ltd (NYSE:TECK)
What is Teck Resources Ltd's stock symbol?
Teck Resources Ltd trades on the New York Stock Exchange (NYSE) under the ticker symbol "TECK."
How often does Teck Resources Ltd pay dividends? What is the dividend yield for Teck Resources Ltd?
Teck Resources Ltd declared a semiannual dividend on Thursday, April 27th. Investors of record on Thursday, June 15th will be given a dividend of $0.0741 per share on Friday, June 30th. This represents a dividend yield of 0.72%. The ex-dividend date of this dividend is Tuesday, June 13th. This is a positive change from Teck Resources Ltd's previous semiannual dividend of $0.04. View Teck Resources Ltd's Dividend History.
How were Teck Resources Ltd's earnings last quarter?
Teck Resources Ltd (NYSE:TECK) announced its earnings results on Thursday, July, 28th. The company reported $0.01 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($0.01) by $0.02. The company earned $1.74 billion during the quarter, compared to the consensus estimate of $1.33 billion. Teck Resources Ltd had a net margin of 14.37% and a return on equity of 10.02%. The firm's revenue was down 13.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.14 earnings per share. View Teck Resources Ltd's Earnings History.
When will Teck Resources Ltd make its next earnings announcement?
Where is Teck Resources Ltd's stock going? Where will Teck Resources Ltd's stock price be in 2017?
24 brokers have issued 1 year target prices for Teck Resources Ltd's shares. Their predictions range from $10.00 to $40.00. On average, they expect Teck Resources Ltd's stock price to reach $27.22 in the next year. View Analyst Ratings for Teck Resources Ltd.
Are investors shorting Teck Resources Ltd?
Teck Resources Ltd saw a increase in short interest in the month of July. As of July 14th, there was short interest totalling 19,210,715 shares, an increase of 22.7% from the June 30th total of 15,654,691 shares. Based on an average trading volume of 3,646,074 shares, the days-to-cover ratio is currently 5.3 days. Currently, 3.4% of the company's shares are short sold.
Who are some of Teck Resources Ltd's key competitors?
Some companies that are related to Teck Resources Ltd include Freeport-McMoran (FCX), Anglo American plc (AAL), Fresnillo Plc (FRES), South32 Ltd (S32), Turquoise Hill Resources (TRQ), Polymetal International PLC (POLY), KAZ Minerals PLC (KAZ), Yamana Gold (AUY), Vedanta Resources plc (VED), Allegheny Technologies Incorporated (ATI), New Gold (NGD), Pretium Resources (PVG), New Gold (NGD), MAG Silver Corp (MAG), McEwen Mining (MUX), Fortuna Silver Mines (FSM), Seabridge Gold (SA) and SolGold plc (SOLG).
Who are Teck Resources Ltd's key executives?
Teck Resources Ltd's management team includes the folowing people:
- Norman B. Keevil Ph.D., Chairman of the Board
- Donald Richard Lindsay, President, Chief Executive Officer, Director
- Warren S. R. Seyffert QC, Deputy Chairman of the Board, Lead Independent Director
- Ronald A. Millos, Chief Financial Officer, Senior Vice President - Finance
- Andrew A. Stonkus, Senior Vice President - Marketing and Sales
- Fraser Phillips, Senior Vice President - Investor Relations and Strategic Analysis
- Dale E. Andres, Senior Vice President - Base Metals
- Alexander N. Christopher, Senior Vice President - Exploration, Projects and Technical Services
- Andrew J. Golding, Senior Vice President - Corporate Development
- Peter C. Rozee, Senior Vice President - Commercial and Legal Affairs
Who owns Teck Resources Ltd stock?
Teck Resources Ltd's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Russell Investments Group Ltd. (0.36%), Foundation Resource Management Inc. (0.28%), AMF Pensionsforsakring AB (0.10%), Aperio Group LLC (0.09%), APG Asset Management N.V. (0.04%) and Meag Munich Ergo Kapitalanlagegesellschaft MBH (0.02%). View Institutional Ownership Trends for Teck Resources Ltd.
Who bought Teck Resources Ltd stock? Who is buying Teck Resources Ltd stock?
Teck Resources Ltd's stock was bought by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Foundation Resource Management Inc., AMF Pensionsforsakring AB, Aperio Group LLC, APG Asset Management N.V., Meag Munich Ergo Kapitalanlagegesellschaft MBH, Lincluden Management Ltd. and Shell Asset Management Co.. View Insider Buying and Selling for Teck Resources Ltd.
How do I buy Teck Resources Ltd stock?
Shares of Teck Resources Ltd can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Teck Resources Ltd's stock price today?
MarketBeat Community Rating for Teck Resources Ltd (NYSE TECK)MarketBeat's community ratings are surveys of what our community members think about Teck Resources Ltd and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Teck Resources Ltd stock can currently be purchased for approximately $21.09.
Consensus Ratings for Teck Resources Ltd (NYSE:TECK) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Sell Rating, 2 Hold Ratings, 21 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.83)|
|Consensus Price Target: ||$27.22 (29.06% upside)|
Analysts' Ratings History for Teck Resources Ltd (NYSE:TECK)
(Data available from 7/27/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|6/30/2017||Bank of America Corporation||Upgrade||Neutral -> Buy||Medium|
|6/25/2017||Deutsche Bank AG||Reiterated Rating||Buy||$24.00 -> $23.00||Low|
|6/16/2017||Royal Bank Of Canada||Reiterated Rating||Outperform||$39.00 -> $38.00||Low|
|5/30/2017||J P Morgan Chase & Co||Upgrade||Neutral -> Overweight||Low|
|5/19/2017||Clarkson Capital||Reiterated Rating||Buy||Medium|
|4/18/2017||Credit Suisse Group||Reiterated Rating||Outperform||Low|
|3/22/2017||Berenberg Bank||Upgrade||Hold -> Buy||Low|
|2/2/2017||BMO Capital Markets||Initiated Coverage||Outperform||N/A|
|1/23/2017||FBR & Co||Upgrade||Marketperform -> Outperform||N/A|
|1/11/2017||Scotiabank||Upgrade||Sector Perform -> Outperform||N/A|
|12/20/2016||MKM Partners||Initiated Coverage||Buy||$29.00||N/A|
|12/20/2016||Macquarie||Upgrade||Neutral -> Outperform||N/A|
|12/15/2016||Dundee Securities||Reiterated Rating||Buy||$34.00 -> $40.00||N/A|
|12/12/2016||Canaccord Genuity||Upgrade||Hold -> Buy||N/A|
|12/6/2016||Citigroup Inc.||Upgrade||Neutral -> Buy||N/A|
|11/17/2016||Barclays PLC||Upgrade||Underweight -> Overweight||$22.00 -> $36.00||N/A|
|11/15/2016||Goldman Sachs Group, Inc. (The)||Upgrade||Neutral -> Buy||$31.00||N/A|
|10/29/2016||Paradigm Capital||Reiterated Rating||Buy||$29.00 -> $34.00||N/A|
|10/18/2016||National Bank Financial||Upgrade||Sector Perform -> Outperform||N/A|
|10/2/2016||TD Securities||Reiterated Rating||Buy||$30.00||N/A|
|9/15/2016||Morgan Stanley||Upgrade||Underweight -> Equal Weight||$7.00 -> $18.00||N/A|
|8/25/2016||Raymond James Financial, Inc.||Reiterated Rating||Market Perform||$19.00 -> $21.00||N/A|
|8/19/2016||Sanford C. Bernstein||Reiterated Rating||Sell||$10.00||N/A|
|10/23/2015||Haywood Securities||Upgrade||Hold -> Buy||N/A|
|10/23/2015||BB&T Corporation||Upgrade||Hold -> Buy||$10.00||N/A|
Earnings History for Teck Resources Ltd (NYSE:TECK)Earnings History by Quarter for Teck Resources Ltd (NYSE TECK)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/27/2017||6/30/2017||$0.71||$0.80||$2.75 billion||$2.82 billion||N/A|
|4/25/2017||3/31/2017||$1.04||$0.88||$3.05 billion||$2.89 billion||View||N/A|
|10/27/2016||Q316||$0.18||$0.26||$1.65 billion||$2.31 billion||View||Listen|
|7/28/2016||Q216||($0.01)||$0.01||$1.33 billion||$1.74 billion||View||N/A|
|2/11/2016||Q415||($0.02)||$0.03||$1.95 billion||$2.14 billion||View||N/A|
|10/22/2015||Q315||$0.02||$0.05||$2.00 billion||$2.10 billion||View||N/A|
|7/23/2015||Q215||$0.09||$0.11||$2.06 billion||$2.00 billion||View||N/A|
|4/21/2015||Q115||$0.11||$0.11||$2.14 billion||$2.02 billion||View||N/A|
|2/12/2015||Q414||$0.22||$0.23||$2.20 billion||$2.26 billion||View||N/A|
|10/29/2014||Q314||$0.26||$0.28||$2.27 billion||$2.25 billion||View||N/A|
|7/24/2014||Q214||$0.13||$0.13||$1.99 billion||$2.01 billion||View||N/A|
|4/22/2014||Q114||$0.24||$0.18||$2.10 billion||$2.08 billion||View||N/A|
|2/19/2014||Q413||$0.43||$0.40||$2.34 billion||$2.38 billion||View||N/A|
|10/24/2013||Q313||$0.37||$0.42||$2.24 billion||$2.52 billion||View||N/A|
|7/25/2013||Q213||$0.34||$0.34||$2.09 billion||$2.15 billion||View||N/A|
|4/23/2013||Q113||$0.39||$0.56||$2.28 billion||$2.33 billion||View||N/A|
|2/7/2013||Q412||$0.49||$0.25||$2.53 billion||$2.73 billion||View||N/A|
Earnings Estimates for Teck Resources Ltd (NYSE:TECK)
Current Year EPS Consensus Estimate: $3.14 EPS
Next Year EPS Consensus Estimate: $2.23 EPS
Current Dividend Information for Teck Resources Ltd (NYSE:TECK)
|Most Recent Dividend:||6/30/2017|
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||7.69% (Trailing 12 Months of Earnings) |
4.78% (Based on This Year's Estimates)
6.73% (Based on Next Year's Estimates)
Dividend History by Quarter for Teck Resources Ltd (NYSE TECK)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for Teck Resources Ltd (NYSE:TECK)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Teck Resources Ltd (NYSE:TECK)
Latest Headlines for Teck Resources Ltd (NYSE:TECK)
Teck Resources Ltd (TECK) Chart for Thursday, July, 27, 2017